PARK24 Balance Sheet Health
Financial Health criteria checks 3/6
PARK24 has a total shareholder equity of ¥62.9B and total debt of ¥141.7B, which brings its debt-to-equity ratio to 225.4%. Its total assets and total liabilities are ¥303.6B and ¥240.8B respectively. PARK24's EBIT is ¥32.2B making its interest coverage ratio 8.8. It has cash and short-term investments of ¥70.8B.
Key information
225.4%
Debt to equity ratio
JP¥141.72b
Debt
Interest coverage ratio | 8.8x |
Cash | JP¥70.83b |
Equity | JP¥62.87b |
Total liabilities | JP¥240.77b |
Total assets | JP¥303.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKCO.Y's short term assets (¥128.5B) exceed its short term liabilities (¥95.0B).
Long Term Liabilities: PKCO.Y's short term assets (¥128.5B) do not cover its long term liabilities (¥145.8B).
Debt to Equity History and Analysis
Debt Level: PKCO.Y's net debt to equity ratio (112.7%) is considered high.
Reducing Debt: PKCO.Y's debt to equity ratio has increased from 130.4% to 225.4% over the past 5 years.
Debt Coverage: PKCO.Y's debt is well covered by operating cash flow (35.3%).
Interest Coverage: PKCO.Y's interest payments on its debt are well covered by EBIT (8.8x coverage).